Credit Suisse missed forecasts by posting its weakest quarterly profit in 2009 as market conditions toughened, but it continued to attract client flows while rival Swiss bank UBS struggled. Credit Suisse, which
British Prime Minister Gordon Brown said the world's top economies were close to agreeing an international levy on banks and that a deal could be thrashed out during a G20 summit in
Credit Suisse missed forecasts by posting its weakest quarterly profit in 2009 as market conditions toughened, but it continued to attract client flows while rival Swiss bank UBS struggled. Credit Suisse, which
* Greece in spotlight as EU leaders meet in Brussels * Germany, France to lead rescue talks, no details expected * ECB chief Trichet to discuss Greece with leaders European Union leaders
Capital Intelligence has lowered Greece’s long-term foreign currency rating to BBB+ from A and its short-term foreign currency rating to A2 from A1. The outlook on the long-term rating – which indicates
Among the three governments — Spain (Aaa), Portugal (Aa2) and Greece (A2) — whose public finances are currently the focus of much market speculation, only Greece faces material challenges, Moody's Investors Service
Firming expectations of a Greek bailout lifted world stocks, the euro and commodity prices on Wednesday, and sent Greece's borrowing costs lower. European finance ministers will hold teleconference to discuss the Greek
European shares were led higher on Wednesday by financial stocks, with sentiment improving on signs the European Union may rescue heavily indebted Greece. At 0920 GMT, the FTSEurofirst 300 index of top
World stocks rose on Wednesday and Greece's borrowing costs fell on the prospects of a Greek bailout, while safe-haven German government bond prices dipped and the euro eased after the previous session's
Google Inc is tapping its huge network of Gmail users and Web surfers to create a Buzz that it hopes will help it catch up with online social networking leaders Facebook and
